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Russia Bans Crypto Mining in 10 Regions Until 2031
- Russia will enforce a six-year ban on crypto mining in ten regions starting January 2025.
- The ban aims to address power shortages and prevent outages during peak electricity consumption.
- Siberia will impose seasonal limits on mining activities from December to March annually until 2031.
- New regulations require miners to register with the Federal Tax Service and disclose wallet information.
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